Meituan Joins AI Race by Buying Co-Founder’s Months-Old Firm
Meituan is buying a co-founder’s generative AI startup for almost $234 million, a deal that gets the food-delivery
2023-06-30 08:45
Dealmakers Adrift as $1 Trillion Vanishes in First-Half
The world’s dealmakers are roughly $1 trillion down in one of the worst years for takeovers and stock
2023-06-29 16:46
Microsoft-Activision Game Deal Will ‘Damage’ PlayStation, Sony Executive Says
Microsoft Corp.’s acquisition of Activision Blizzard Inc. will deliver a blow to Sony Group Corp’s console business and
2023-06-28 04:52
French Riviera Mansion of Long-Dead Russian Tycoon Put on Block
A century-old chateau on the French Riviera that was previously owned by a Russian oligarch is finally on
2023-06-27 15:16
Crypto Firm Circle Eyeing Hong Kong Policies With Asia in Focus
US-based Circle Internet Financial Ltd. is closely watching regulatory developments in Hong Kong after the territory’s new crypto
2023-06-27 10:57
JD.com Creates Groceries Arm as Rival Alibaba Weighs Spinoffs
JD.com Inc. aims to create an independent unit by merging its 7Fresh supermarket chain with other online services,
2023-06-26 14:24
Cargo Airline Western Global Weighs Bankruptcy as Cash Dwindles
Western Global Airlines LLC is weighing options including filing for bankruptcy as it faces dwindling liquidity, according to
2023-06-25 12:00
Korean Carriers Cut China Flights on Drop in Demand, Yonhap Says
South Korean airlines are temporarily suspending some flights to China as demand withers amid strained relations between the
2023-06-24 15:24
Sub Disaster Puts Spotlight on Another Extreme Venture: Space Tourism
Commercial space travel shares plenty of similarities with deep sea tourism: wealthy customers, tight spaces, far-flung destinations and
2023-06-24 00:52
Ontario Fund Near Deal to Invest in Toronto’s NBA, NHL Teams
Ontario Municipal Employees Retirement System is nearing a deal to buy 20% of a holding company that owns
2023-06-23 19:59
Pinstripes Restaurant Chain Reaches Deal to Go Public Via SPAC
Pinstripes Inc., the restaurant chain that combines bowling and bocce with Italian fare, is going public in a
2023-06-23 19:24
Big VC, Tech Got Backstop for Billions in Uninsured SVB Deposits
When federal regulators stepped in to backstop all of Silicon Valley Bank’s deposits, they saved thousands of small
2023-06-23 18:59